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Dec 22, 2012
12/12
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so, let the uk youth parliament lead the way. let young people lead the way because the decisions we make today with deal fine our lives. thank you. [applause] >> thank you. just before i look for a speaker from the northwest i want to welcome sir peter bottomly. the member of parliament from west -- thank you for your support of the youth parliament. [applause] >> and his wife, have always been interested in youth issues and the concerns of young people and that is reflected again today and appreciate it. >>> okays, somebody from the northwest. yes? the gentleman there waving with both hands. indeed, you, sir. >> yes. first of all, social cohesion, and before the riots, they were horrible. i don't think anybody -- what was the root of that? social cohesion. tension between people. we don't get along. this curriculum. we can learn to work together. education is our future. knowledge is power. we want power or want to be weak? do you want to have knowledge or let light shine on what we are? [applause] >> what about the southwest.
so, let the uk youth parliament lead the way. let young people lead the way because the decisions we make today with deal fine our lives. thank you. [applause] >> thank you. just before i look for a speaker from the northwest i want to welcome sir peter bottomly. the member of parliament from west -- thank you for your support of the youth parliament. [applause] >> and his wife, have always been interested in youth issues and the concerns of young people and that is reflected again...
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Dec 15, 2012
12/12
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KCSMMHZ
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that is not allowed within the uk bribery and it is a good example of where the legislation has sought to cut out a grey area. >> transparency international played a part in developing the bribery act. before it, the uk was lagging behind in the fight against corruption. >> if you go back to 2007, we had zero cases. whereas the us had more than a hundred, germany had more than fifty. we are now catching up. i hope that with the bribery act we will see a further increase in uk law enforcement and see more cases coming through. >> how can companies protect themself against employees being corrupt? that's a particular challenge for large firms. halcrow group employs 4,500 people in britain -- most of them engineers. they work on construction sites around the world. bribery is common practice in the building sector, so halcrow has taken to training its staff at least once a year so everyone knows what's allowed. >> recognizing an approach, it could come in a very innocent way, or innocent looking way. and so its about ensuring that our people dont expose themselves and the company by getti
that is not allowed within the uk bribery and it is a good example of where the legislation has sought to cut out a grey area. >> transparency international played a part in developing the bribery act. before it, the uk was lagging behind in the fight against corruption. >> if you go back to 2007, we had zero cases. whereas the us had more than a hundred, germany had more than fifty. we are now catching up. i hope that with the bribery act we will see a further increase in uk law...
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Dec 5, 2012
12/12
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CNBC
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the problem lies in the uk tax code, isn't it? >> indeed. the uk tax code is complicated. and that in itself provides an opportunity for companies to plan. also some of what they want to do. it's very important to make this distinction between avoidance and evasion. evasion is illegal. avoidance is looking at the law and seeing what opportunities there are to minimize costs and tax is just another cost of doing business. >> so the long and the short of it is successive governments, whether they be coalition, torrey, labor governments have made a right mess. why is that this tone that is so complicated that creates all these opportunities for avoidance? >> it's because people have built anti-avoidance legislation on anti-avoidance legislation rather than actually thought about what they're trying to tax. but part of the problem with the u.s. companies from the government's perspective is that the international tax regime worked quite well when profits tended to be made in the same country that sales are made in, but the pac have got excited about the fact that sales are hig
the problem lies in the uk tax code, isn't it? >> indeed. the uk tax code is complicated. and that in itself provides an opportunity for companies to plan. also some of what they want to do. it's very important to make this distinction between avoidance and evasion. evasion is illegal. avoidance is looking at the law and seeing what opportunities there are to minimize costs and tax is just another cost of doing business. >> so the long and the short of it is successive governments,...
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Dec 31, 2012
12/12
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CSPAN
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so, let the uk youth parliament ld the way. let young people lead the way because the decisions we make today with deal fine our lives. thank you. [applause] >> thank you. just before i look for a speaker from the northwest i want to welcome sir peter bottomly. the member of parliament from west -- thank you for your support of the youth parliament. pplause] >> and his wife, have always been interested i youth issues and the concerns of young people and that is reflected again today and appreciate it. >>> okays, somebody from the northwest. yes? the gentleman there waving with both hands. indeed, you, sir. >> yes. first of all, social cohesion, and before the riots, they were horrible. i don't think anybody -- what was the root of that? social cohesion. tension between people. we don't get along. this curriculum. we can learn to work together. education is our future. knowledge is power. we want power or want to be weak? do you want to have knowledge or let light shine on what we are? [applause] >> what about the southwest. who
so, let the uk youth parliament ld the way. let young people lead the way because the decisions we make today with deal fine our lives. thank you. [applause] >> thank you. just before i look for a speaker from the northwest i want to welcome sir peter bottomly. the member of parliament from west -- thank you for your support of the youth parliament. pplause] >> and his wife, have always been interested i youth issues and the concerns of young people and that is reflected again today...
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Dec 11, 2012
12/12
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CNBC
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uk based assets of a failing u.s. bank. the offer, which was not reciprocated, is part of an attempt by regulators in controlling the risk of institutions collapsing. >>> and the 20th position to hold a ceo at a fortune 500 case. and 16.6% are at the broad end of the fortune 500 firms. with more on the catalyst 2012 fortune 500 consensus is deborah gillis. deborah, thanks for joining us. why has the number not improved in sort of seven years? >> well, if you say it's been seven years and barely any movement in terms of women's representation on -- and, in fact, very little movement over the last three years for women in executive officer positions. why is that? it's certainly not a supply problem. we know that there are many women with the skills and experience to serve on corporate boards. in fact, our research shows that if you look at the executive officer pool and the fortune 500, there are 710 women with the skills and experience to serve on corporate boards. so we really need to dispel the myth that it's the sup
uk based assets of a failing u.s. bank. the offer, which was not reciprocated, is part of an attempt by regulators in controlling the risk of institutions collapsing. >>> and the 20th position to hold a ceo at a fortune 500 case. and 16.6% are at the broad end of the fortune 500 firms. with more on the catalyst 2012 fortune 500 consensus is deborah gillis. deborah, thanks for joining us. why has the number not improved in sort of seven years? >> well, if you say it's been seven...
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Dec 6, 2012
12/12
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CNBC
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they don't think they're operating quite the same way here in the uk. for example, local bank managers relationship managers are not given the sap kind of discretion to make lending decisions in respect to businesses in their community that they know that they see every day. so we have to change the culture in our banks. but there is also a market failure in terms of having a financial services sector of small to medium sized businesses and that's why p opposition is arguing strongly for british investment bank. we're alone in not having a state backed investment institution to plug that market failure. and i think the officer of budget responsibility, our independent fiscal council here, has made clear part of what is holding back growth is this credit problem that we have. now, sure of course the eurozone affects the wholesale money markets, but there are things that you can do domestically to address that. and if you look at, say, sorry to use germany constantly, but during the liquidity crunch in 2009, germany investment bank kfw was able to immedia
they don't think they're operating quite the same way here in the uk. for example, local bank managers relationship managers are not given the sap kind of discretion to make lending decisions in respect to businesses in their community that they know that they see every day. so we have to change the culture in our banks. but there is also a market failure in terms of having a financial services sector of small to medium sized businesses and that's why p opposition is arguing strongly for...
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Dec 4, 2012
12/12
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KQED
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tavis: you mentioned the uk. how does this notion of "antifragile" apply in a place like egypt right now? >> the way i was complaining about egypt before the arab spring. when you suppress political life -- political life loves volatility. switzerland is a perfect place where you have volatility at the municipal level, but nothing of talk. the exact perfect on stable system is like saudi arabia or egypt. egypt before the arab spring, we had no information for 40 years. no information. a system artificially stabilized and you have hidden risks under the surface and you do not know what they are. that is what happened with the arab spring and now we are seeing things and it may turn into a total mess. the system is fragile last by depriving it from some rigid depriving it of political ofatility -- depriving it political volatility. tavis: doesn't always lead to greater strength? >> you want to -- does it always lead to greater strength? >> you want to favor the systems. unfortunately, the more the government become
tavis: you mentioned the uk. how does this notion of "antifragile" apply in a place like egypt right now? >> the way i was complaining about egypt before the arab spring. when you suppress political life -- political life loves volatility. switzerland is a perfect place where you have volatility at the municipal level, but nothing of talk. the exact perfect on stable system is like saudi arabia or egypt. egypt before the arab spring, we had no information for 40 years. no...
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Dec 17, 2012
12/12
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MSNBC
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you look at comparatively where we are with respect to the rest of the world, if you look at germany, uk, japan, france, all of whom have very strong gun regulations, we have more gun deaths in one week than they have in an entire year, and the incidents -- the number of times in which guns inside a home are used for self-defense are exceedingly small, on the order of maybe 1 in 15, 1 in 20 as compared to the number of times when a gun is used either for suicide or a homicide. anybody that looks at the data here is quite clear that on the whole, particularly things like assault weapons, create far, far more kor nage in th carnage in this country than they prevent. to a large extent the reason why i think progressives have not been able to mount an effective campaign for sensible gun laws, it's been a failure of the progressive movement, and i think that will now change with progressives. they must realize they have to make this an election issue. all of the polls show that the public is widely in favor of sensible gun regulations. i will point out what i said on friday. president clinton
you look at comparatively where we are with respect to the rest of the world, if you look at germany, uk, japan, france, all of whom have very strong gun regulations, we have more gun deaths in one week than they have in an entire year, and the incidents -- the number of times in which guns inside a home are used for self-defense are exceedingly small, on the order of maybe 1 in 15, 1 in 20 as compared to the number of times when a gun is used either for suicide or a homicide. anybody that...
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Dec 13, 2012
12/12
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CNBC
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>> well, none have is 00% committed in doing so, except the uk and sweden. the others have indicated that they will look into it and there's the expectation they will join. maybe not immediately, maybe somewhere down the road. but at least they want to join. it remains to be seen whether they can join from the word go. in terms of which banks are being supervised, i think this is a typical eu compromise and maybe not a bad one. remember, france wanted all 6,000 banks being supervised. the germans said only 30 or so. we ended up with something closer to 150. and the option for the ecb pinpoint ago problem, even if it's the smaller banks saying, we have a problem there. we have to pull that into our supervision, they can do that. that seems to be the provision that we have here at the moment. so i think everybody could be out there and say, we won a little bit and that's how eu decisions usually work. you have to end up in a consensus that everybody can live with and at least we get a law that deserve tess name on track and then it could become operational in
>> well, none have is 00% committed in doing so, except the uk and sweden. the others have indicated that they will look into it and there's the expectation they will join. maybe not immediately, maybe somewhere down the road. but at least they want to join. it remains to be seen whether they can join from the word go. in terms of which banks are being supervised, i think this is a typical eu compromise and maybe not a bad one. remember, france wanted all 6,000 banks being supervised. the...
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Dec 21, 2012
12/12
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CNBC
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. >> well, as far as the uk stock market is concerned, people focus often on the uk economy. the economy next year could do a bit better than this year. it may be the economy that shows the biggest improvement, believe it or not, in its gdp growth rate. that improvement, though, we think is flattering the underlying reality. but stock markets, the uk stock market is a little about the like chelsea, arsenal and man dhefter city. a lot of the glamorous, exciting players are not based in the uk to begin with. it's an international stock market and it's very dominated by the resources sector. we quite like energy, but we're not so keen on the materials. we don't think the uk is going to do as well as the s&p or the euro stocks. we're expecting markets to be more strong because local expectations are going to be overly depressed and they matter. >> kevin, briefly, what about the yen? this seems to be one of the biggest stories for the bank of japan. do you bet on the bank of japan here? >> we expect them to loosen and of coursively push the yen down. the only qualification one has
. >> well, as far as the uk stock market is concerned, people focus often on the uk economy. the economy next year could do a bit better than this year. it may be the economy that shows the biggest improvement, believe it or not, in its gdp growth rate. that improvement, though, we think is flattering the underlying reality. but stock markets, the uk stock market is a little about the like chelsea, arsenal and man dhefter city. a lot of the glamorous, exciting players are not based in the...
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Dec 22, 2012
12/12
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CSPAN2
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eye 159
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so, let the uk youth parliament lead the way. let young people lead the way because the decisions we make today with deal fine our lives. thank you. [applause] >> thank you. just before i look for a speaker from the northwest i want to welcome sir peter bottomly. the member of parliament from west -- thank you for your support of the youth parliament. [applause] >> and his wife, have always been interested in youth issues and the concerns of young people and that is reflected again today and appreciate it. >>> okays, somebody from the northwest. yes? the gentleman there waving with both hands. indeed, you, sir. >> yes. first of all, social cohesion, and before the riots, they were horrible. i don't think anybody -- what was the root of that? social cohesion. tension between people. we don't get along. this curriculum. we can learn to work together. education is our future. knowledge is power. we want power or want to be weak? do you want to have knowledge or let light shine on what we are? [applause] >> what about the southwest.
so, let the uk youth parliament lead the way. let young people lead the way because the decisions we make today with deal fine our lives. thank you. [applause] >> thank you. just before i look for a speaker from the northwest i want to welcome sir peter bottomly. the member of parliament from west -- thank you for your support of the youth parliament. [applause] >> and his wife, have always been interested in youth issues and the concerns of young people and that is reflected again...
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Dec 23, 2012
12/12
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CSPAN2
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uk's might remember this widely reported. in january 2007, think about that date january 2007, mike bloomberg and chuck schumer, commissioned a report from mckenzie when new york was falling behind compared to london. to be the support you can google it in 30 seconds. it's shocking the main problem, the single biggest thing holding back the u.s. economy is overly harsh regulation of credit derivatives. it's in this report you will start a section on credit derivatives, how we need less regulation of them otherwise london will take over global finance. what was amazing at the time is everybody agreed that this report. eliot spitzer was quoted saying how great this was. chuck schumer was one of the sponsors in the u.k. labor was running the u.k. and even the critics said this report showed that even the labor is kind of spending far too much money on the nhs at least they give regulation right. so there was a very widespread bipartisan kind of economic faculties of the western world bought into this and that played a very big r
uk's might remember this widely reported. in january 2007, think about that date january 2007, mike bloomberg and chuck schumer, commissioned a report from mckenzie when new york was falling behind compared to london. to be the support you can google it in 30 seconds. it's shocking the main problem, the single biggest thing holding back the u.s. economy is overly harsh regulation of credit derivatives. it's in this report you will start a section on credit derivatives, how we need less...
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Dec 27, 2012
12/12
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CNBC
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i'm pondering is when you look at how much qe has taken place in japan compared to, for example, the uk, it's actually a relatively small amount. if japan tries a much larger qe event, surely we go down the route of the uk which in and of itself does not demonstrate a huge increase in inflation and a huge increase in market growth, either. >> arguably, that is one of the problems with the huge task that the boj has ahead of it. people progress in terms of growth, japan has bigger problems, much bigger problems in terms of the demographic in terms of the structural hold back. so there are a lot of sectors at play now. i think one of the names that the boj has is whether this will work or not. but if were looking at it more from a yen perspective, certainly two things are going to drive the yen are going to be the relative price of the boj balance sheets with respect to, perhaps, the fed and the ecb and the other being the jgb. >> and briefly, in summary, what are your favorite strategic calls? >> the strategic calls for us are going to be buying the rupee against the yen. we are looking
i'm pondering is when you look at how much qe has taken place in japan compared to, for example, the uk, it's actually a relatively small amount. if japan tries a much larger qe event, surely we go down the route of the uk which in and of itself does not demonstrate a huge increase in inflation and a huge increase in market growth, either. >> arguably, that is one of the problems with the huge task that the boj has ahead of it. people progress in terms of growth, japan has bigger...
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Dec 28, 2012
12/12
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CNBC
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joining us is allen higgins, chief investment officer for the uk coutts. good morning. >> good morning. >> so we've had 12 years of exposure to gold. you're limiting it now. why? >> it's starting to lag, but more subtly from a portfolio construction perspective, it's lost its negative correlation. for example, quarter 2010, well, euro crisis won when we had equity markets down a lot then gold really surged forward, giving a negative correlation. and so for the portfolio manager at coutts, it has been at times a legal high gold exposure surging upwards in times of stress. for those days seem to have gone. trimming it. that is a fact that there's a real shortage of low risk investments of on german bunch negative. >> but you're saying it's trading like other risk assets at the moment. >> at times, it's correlated with em. so it's less attractive from a portfolio construction perspective as compared to what it was. >> it's fascinating because we've been talking about one theme for 2013 being is it a stock picker's market, are we seeing less differentiation, w
joining us is allen higgins, chief investment officer for the uk coutts. good morning. >> good morning. >> so we've had 12 years of exposure to gold. you're limiting it now. why? >> it's starting to lag, but more subtly from a portfolio construction perspective, it's lost its negative correlation. for example, quarter 2010, well, euro crisis won when we had equity markets down a lot then gold really surged forward, giving a negative correlation. and so for the portfolio...
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Dec 7, 2012
12/12
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CNBC
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we have industrial production coming out of the uk. if worse than expected, may get a negative q4 for the uk. italian yields are higher. spanish 5.54, just nudging a little higher. bunds down 1.29d% after the downgrade by the bundesbank, as well. draghi says we discussed it and again a big town great in inflation forecast, as well. some saying maybe they still won't, but it does knock the euro-dollar, 1.29d 25 is where we stand. dollar-yen 82.37. we talked about the yen in relation to what was going on with the earthquake. aussie dollar below 1.05. sterling-dollar just slightly weaker. that's where we stand as far as the european markets are concerned. let's get a wrap of the final trading day in asia this week. >> asian markets wrapped up the week on a mixed note. shanghai composite gained 1.6% and it's up over 4% on the week. stocks related to citi growth continued to surge as the new urbanization plan is aiming to boost investment plan. agriculture stocks up today on support policies. hang seng dragged lower by utility stocks. picc
we have industrial production coming out of the uk. if worse than expected, may get a negative q4 for the uk. italian yields are higher. spanish 5.54, just nudging a little higher. bunds down 1.29d% after the downgrade by the bundesbank, as well. draghi says we discussed it and again a big town great in inflation forecast, as well. some saying maybe they still won't, but it does knock the euro-dollar, 1.29d 25 is where we stand. dollar-yen 82.37. we talked about the yen in relation to what was...
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Dec 18, 2012
12/12
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CNBC
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uk link will be up, not down. and them i also think thattory thing our chancellor did a good job of was she raised taxes by 10 so companies can invest a 215 pounds, not just 200 pounds. >> that's a leverage the other governments have been trying to pull. but your point is interesting. it's not just the uk we were seeing there. and it goes back to the point you were making about oil. u.s. retail gas prices are down 16% since their peak this year. if it weren't for the fiscal cliff, this is actually a big source of stimulus for households. absolutely. i don't want to make too much about it, but the biggest attacks oeft with the and elevated since the mid '70s, it could be coming to an end. so i think that is something we need to be aware of. the annual fuel rate in the uk is about 15 billion to consumers. you're looking at another percent on income. so as i'm sitting down righting the income for next year, it's not all doom and gloom, the mood is similar to last year where next year it's too horrendous to count. >>
uk link will be up, not down. and them i also think thattory thing our chancellor did a good job of was she raised taxes by 10 so companies can invest a 215 pounds, not just 200 pounds. >> that's a leverage the other governments have been trying to pull. but your point is interesting. it's not just the uk we were seeing there. and it goes back to the point you were making about oil. u.s. retail gas prices are down 16% since their peak this year. if it weren't for the fiscal cliff, this is...
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Dec 3, 2012
12/12
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and uk over those libor claims. it's monday, a new month for us here, december 3rd, 2012, and "squawk box" begins right now.
and uk over those libor claims. it's monday, a new month for us here, december 3rd, 2012, and "squawk box" begins right now.
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Dec 12, 2012
12/12
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CSPAN2
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given the fact that unemployment is now lower in scotland than the rest of the uk, will he follow the lead of the scottish government by introducing a more shovel-ready measures for economic growth? >> i think what the honorable gentleman will find is because of the measures taken in the autumn statement, there's an extra 300 million pounds for the scottish government to spend, so if they want to spend that on shovel-ready measures they can. but i certainly am happy to say that when good policies are introduced in any party, in the united kingdom to i think we all have the opportunity to follow them. >> order. statements, the prime minister. >> here on c-span2 we will leave the british house of commons now as they move onto other legislative business. you've been watching prime minister's questions time era questions time error of life wednesdays at 7 a.m. eastern of parliament is in session. you can see this week's question time again monday night -- sunday night on c-span. for more information go to c-span.org. click on c-span series for prime minister's question. plus links to inte
given the fact that unemployment is now lower in scotland than the rest of the uk, will he follow the lead of the scottish government by introducing a more shovel-ready measures for economic growth? >> i think what the honorable gentleman will find is because of the measures taken in the autumn statement, there's an extra 300 million pounds for the scottish government to spend, so if they want to spend that on shovel-ready measures they can. but i certainly am happy to say that when good...
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Dec 4, 2012
12/12
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CNNW
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now starbucks says, it's only made money in the uk once in the last 14 years, 15 years. so this is an example -- look, what they are doing is perfectly legal. certainly starbucks deny that they're doing it for thor. of tax avoidance. but there's no question in times of austerity -- tomorrow we'll find out what taxes in the uk are going to go up -- that this sort of finagling of the finances is most definitely not on. >> i suppose you could call it creative bean counters behind all of that. you could if you wanted to be silly. britain has a bit of a big tax gap problem overall, right? >> it does. and the chancellor of the -- the finance minister has now warned that he won't meet his deficit targets for austerity will have to continue. we expect higher taxes on the rich tomorrow, cuts in public spending, and in this environment the multinationals like google, amazon, starbucks, are very firmly in the firing line. after all what better than to attack big corporate america. and they're being told, smell the coffee. i can play that game, too, michael. >> wake up and smell the
now starbucks says, it's only made money in the uk once in the last 14 years, 15 years. so this is an example -- look, what they are doing is perfectly legal. certainly starbucks deny that they're doing it for thor. of tax avoidance. but there's no question in times of austerity -- tomorrow we'll find out what taxes in the uk are going to go up -- that this sort of finagling of the finances is most definitely not on. >> i suppose you could call it creative bean counters behind all of...
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Dec 20, 2012
12/12
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CNBC
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that gilt in the uk, keeping an eye on it, it is falling a little bit. 1.95% after a soft set of uk retail sales figures. spain, italy, moving higher, but not too much of a move there. 5.3%. and 4.4 for italy. now, forex rates, the euro/dollar and the yen has been in focus still in the last several trading sessions and that continues today. 1.3230 is the level. the yen, though, is giving back about .5% after the bank of japan's quantitative easing plans, pretty much flecting a buy the rumor, sell the fact move. now, house republicans plan to bring their tax bill to a floor vote today. this as tensions over the white house over the fiscal cliff have started to rise. it's unclear what the bill, known as plan b, will look like. house speaker john boehner has reportedly added spending cuts to convince members it will be worth the vote. president obama has threatened to veto the bill. the president says he's puzzled by what's holding up budget talkes and that house republicans should stop trying to score a point against him. >> take the deal. you know, they will be able to claim that they have
that gilt in the uk, keeping an eye on it, it is falling a little bit. 1.95% after a soft set of uk retail sales figures. spain, italy, moving higher, but not too much of a move there. 5.3%. and 4.4 for italy. now, forex rates, the euro/dollar and the yen has been in focus still in the last several trading sessions and that continues today. 1.3230 is the level. the yen, though, is giving back about .5% after the bank of japan's quantitative easing plans, pretty much flecting a buy the rumor,...
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the uk let me start. with yemen it's very difficult because they have neighbors they don't have much resources and so it can be in for a long time in. each of. us of. if we the people are learning in the last three years that you had to live in a political solution which is sixty four percent what about who will be active in politics. if you see a good position in egypt you will find many women about even in militants who have been. ok ok dr saver. it's very timely because we're actually losing the connection now but we did get everything you had to say there thank you very much indeed sorry about the poor connection just at the end dr saeed study from the american university in cairo environmentally friendly energy looks like a reasonable solution where natural resources are running low and exploiting them becomes more dangerous u.k. wants fifteen percent of the country's energy needs to be covered by renewable sources by twenty twenty that could prove too costly for the public has all these nor smith re
the uk let me start. with yemen it's very difficult because they have neighbors they don't have much resources and so it can be in for a long time in. each of. us of. if we the people are learning in the last three years that you had to live in a political solution which is sixty four percent what about who will be active in politics. if you see a good position in egypt you will find many women about even in militants who have been. ok ok dr saver. it's very timely because we're actually losing...
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Dec 3, 2012
12/12
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. >> is dolmen all over the uk? >> that's correct. they're predominantly in ireland, but you look at ireland right now, they're actually going through the reforms. they're trying to inject money in a credit fashion into their economy. and we certainly think we can bring our fixed income expertise and continue to help them. >> that would make sense for cantor. ireland was the mf-will first they were in trouble, then the model for the world. what got them into trouble again, housing or real estate or something or bad banks or -- and now again they're kind of a model for everyone on how to handle it. is that basically the last five years? >> absolutely. certainly was a real estate bubble there. now there are austerity measures being put in place and they're actually following through on the austerity measures. so certainly they'll come out first and actually look pretty good. >> so where is the most business for you for cantor in ireland, what will you be doing? >> certainly it's an equity based firm. we'll bring our fixed income experti
. >> is dolmen all over the uk? >> that's correct. they're predominantly in ireland, but you look at ireland right now, they're actually going through the reforms. they're trying to inject money in a credit fashion into their economy. and we certainly think we can bring our fixed income expertise and continue to help them. >> that would make sense for cantor. ireland was the mf-will first they were in trouble, then the model for the world. what got them into trouble again,...
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Dec 4, 2012
12/12
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we'll keep our eye on the uk as we head toward the bank of england meeting this week p. dollar index has hit a one month low. you're redollar up to euro-dollar up near the high we saw yesterday. dollar-yen moving away from the 7 1/2 month high. rebounding against the dollar and the euro ir, as well. priced in a lot in terms of monetary policy out of japan. and aussie dollar, 1.0463, yes, we have cut the cash rate in australia to match the record low of 3%. but we see the aussie dollar rise because it's pretty much all priced in. sterling-dollar also getting a benefit. back over 1.61. so that's where we stand in european trade. let's recap the asian trading session for the first time today, when you not the last. >> thank you, ross.not the last. >> thank you, ross. shanghai composite recovered from its four year low as property financials, rebounded. shale gas and geothermal plays also rallied as beijing plans to cut its annual coal consumption target by 2015. the hang seng finished m eed marginally in the green. losses in the services sector capped the up side. in japan,
we'll keep our eye on the uk as we head toward the bank of england meeting this week p. dollar index has hit a one month low. you're redollar up to euro-dollar up near the high we saw yesterday. dollar-yen moving away from the 7 1/2 month high. rebounding against the dollar and the euro ir, as well. priced in a lot in terms of monetary policy out of japan. and aussie dollar, 1.0463, yes, we have cut the cash rate in australia to match the record low of 3%. but we see the aussie dollar rise...
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Dec 11, 2012
12/12
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the uk has held hearings and issued reports on this. and it's spending millions to hire special investigators yo s to look into this. they have a new agreement to share new information on taxable income, but any major crackdown is going to take a change in legislation. >> maribel, thank you. >>> the u.s. could launch a mini unmanned space plane in just a few hours and the cargo is classified. we'll have an update from florida, coming up in just a minute. stay with us. alright, family photo. charlie! stop punching your brother. he asked me to! hey, sarah, stop texting, and look at your dad. i can do two things at once. ok, well just look at your dad, so he can get this shot. i'm going to be a ninja! (chaos & noise) got it. what? yeah, i got it, come here. nobody move, especially you, charlie. how'd you do that? automagically. let's eat. combine pictures with best face. on the new samsung note ii. for a limited time, get two flip covers for the price of one, exclusively at verizon. can your moisturizer do that? [ female announcer ] dermat
the uk has held hearings and issued reports on this. and it's spending millions to hire special investigators yo s to look into this. they have a new agreement to share new information on taxable income, but any major crackdown is going to take a change in legislation. >> maribel, thank you. >>> the u.s. could launch a mini unmanned space plane in just a few hours and the cargo is classified. we'll have an update from florida, coming up in just a minute. stay with us. alright,...
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Dec 30, 2012
12/12
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uke messer,tative lo thank you for being on "newsmakers." let me turn to our reporters for a bit of a rapid conversation. he is the freshman president for public and, coming into the 113th congress. who are they? >> they are a very diverse bunch. there are some people who are new to politics. but a lot of them are long lines of luke messer, who have been in government at many levels. they're able to see a little bit more context than some of the fire breathing -- for lack of a better term. it will be interesting. it is not that much smaller of the freshman class, and there are fewer republicans, but they seem to be oriented toward public policy and any number of ways. >> is indicating he would support speaker boehner for the 130th congress. are they going to get along in this group -- 113th congress? are they going to get along in this group? >> there were a lot of problems during the debt negotiations. democrats had to step up and vote for the proposal to give it to pass. that is a fair question for this freshman class. are they going to su
uke messer,tative lo thank you for being on "newsmakers." let me turn to our reporters for a bit of a rapid conversation. he is the freshman president for public and, coming into the 113th congress. who are they? >> they are a very diverse bunch. there are some people who are new to politics. but a lot of them are long lines of luke messer, who have been in government at many levels. they're able to see a little bit more context than some of the fire breathing -- for lack of a...
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Dec 17, 2012
12/12
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>> the uk at the moment is showing clear signs of recovery. i think if we can through the first quarter of nkts year, it all will be recovering. i don't care expect this to be a real turn until the second half. as we go into the second half of next year, it will become clearer. even the eurozone is recovering. within that, you'll have very much the laggards. france won't do particularly well, but germany and italy maybe next year have a potential surprise on the upside. >> how much of a surprise? >> it will not be a fast recovery. the ecb will be forced to do more, but they'll be drald dragged into it. so things will have to get worse before they act. so i don't really think -- >> what more actions? they have a t program waiting to go. what more actions are you talking about? >> the key policy rate for the ecb is likely indeed in the first quarter. they can take dpopt deposit rate negative. by the middle of next year, they'll be doing outright qe. i've been talking about this for ages. they haven't done it so maybe they won't do it. but i'm as
>> the uk at the moment is showing clear signs of recovery. i think if we can through the first quarter of nkts year, it all will be recovering. i don't care expect this to be a real turn until the second half. as we go into the second half of next year, it will become clearer. even the eurozone is recovering. within that, you'll have very much the laggards. france won't do particularly well, but germany and italy maybe next year have a potential surprise on the upside. >> how much...
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Dec 27, 2012
12/12
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these are british citizens that have their petition saying we don't want piers to come back to the uk. quite a few british scitizens signed on saying we don't want him. please keep him in the united states and one of the petitions is actually directed towards the uk government saying should the united states decide to demr. morgan, they should reject the deportation. have him stay somewhere in the atlantic, let him hang out there. but -- >> you said you -- you feel bad for piers morgan. you never feel bad for anybody on tv. we all bring it on ourselves. okay. he brought it on himself. any response from him today as a result of all of this stuff? >> he has been on twitter poking -- water off a duck's back, poking fun at it. he had a lot of people on twitter saying come to sierra leone, canada, come here. he wished everyone wishing his deportation a merry christmas the other day. >> he used to work in british tabloids. >> yes. >> i mean -- his skin must be made of kevlar, right? that's one of the dirtiest businesses out there. as we have learned in the last couple of years. >> absolutel
these are british citizens that have their petition saying we don't want piers to come back to the uk. quite a few british scitizens signed on saying we don't want him. please keep him in the united states and one of the petitions is actually directed towards the uk government saying should the united states decide to demr. morgan, they should reject the deportation. have him stay somewhere in the atlantic, let him hang out there. but -- >> you said you -- you feel bad for piers morgan....
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Dec 16, 2012
12/12
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CSPAN2
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i'm not sure it's in uk law but they don't put it in law. and now, state of new york, resolution authority. so you get some consistency around the world. and i have anything that it will work for nonbank. whether it works for the biggest banks in the world, the first part is -- [inaudible]. they are so diverse and so big, it will be a long while before we see this infinite failure. but i think theoretically -- [inaudible] but it would have worked for leave and. it would have worked for aig. i have no doubt in my mind we could have handled it. >> so what is your thought speak with the problem is beyond my pay grade. this is a really big problem, how we deal with the too big to fail problem, and the man on my right says he would do with it too big to fail problem with the content bank in ellicott and that was bailed out. that was not his first too big to fill problem. the too big to fill problem occurred before the. there were cries for loans and lockheed loans, and i argued in 1914, treasury secretary magnitude bill that new york city because
i'm not sure it's in uk law but they don't put it in law. and now, state of new york, resolution authority. so you get some consistency around the world. and i have anything that it will work for nonbank. whether it works for the biggest banks in the world, the first part is -- [inaudible]. they are so diverse and so big, it will be a long while before we see this infinite failure. but i think theoretically -- [inaudible] but it would have worked for leave and. it would have worked for aig. i...
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Dec 22, 2012
12/12
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it is the uk equivalent of ashford in the u.s. i know that because the two cables down the east coast of africa both have their major london.n from there it is a straight shot. it is a fascinating place. it is in the same spot as the ancient report. -- port. this is the place where the international -- >> where are these undersea cables that you referred to earlier? and by whom? >> there have an telegraph cables across the atlantic for 150 years now. depending on how you count, individual strands or cable systems, there are about eight or 10 or 12 across the atlantic. the current generation was laid in the mid-90s. up until about 2002. they are owned by a few companies. very large backbone companies. they are owned by telecom, verizon, british telecom joining with deutsche telekom. or a couple are owned by companies that only own cables across the atlantic. they bought their people out of bankruptcy out of a larger telecom. -we specialize in new york or london. we will sell you services to another telecom or anyone who meets high-
it is the uk equivalent of ashford in the u.s. i know that because the two cables down the east coast of africa both have their major london.n from there it is a straight shot. it is a fascinating place. it is in the same spot as the ancient report. -- port. this is the place where the international -- >> where are these undersea cables that you referred to earlier? and by whom? >> there have an telegraph cables across the atlantic for 150 years now. depending on how you count,...
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Dec 2, 2012
12/12
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>> it couldn't really be worse if you're one of the tabloid papers in the uk. it's 2,000 pages long. the press behavior is described as outrageous. says that editors disregarded their own code of conduct. he does make a point there are other papers. the guardian mile home broke the story. if you're at the end of the british press in what we call the red top tabloids this is a pretty uncomfortable report. >> all 2,000 pages of it. wasn't it partial vindication because the findings were he didn't know about the phone hacking or know about any cover up? >> yeah. this is good in terms of his news core business. there's all kinds of bits of legislation that can get you into trouble over here if you're implicated in what might be a corrupt or illegal practice in the uk or any other territory. >> at the same time some of murdoch's former lieutenants are facing trouble. >> i think that's definitely true. i think nobody would dispute that. you have a number of senior editors awaiting trial. we've already had one journalist. his royal journalist when to jail for this in
>> it couldn't really be worse if you're one of the tabloid papers in the uk. it's 2,000 pages long. the press behavior is described as outrageous. says that editors disregarded their own code of conduct. he does make a point there are other papers. the guardian mile home broke the story. if you're at the end of the british press in what we call the red top tabloids this is a pretty uncomfortable report. >> all 2,000 pages of it. wasn't it partial vindication because the findings...
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Dec 19, 2012
12/12
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versus the uk today. although the uk has not had growth, it has created jobs. in many ways that's a mirror image of the u.s., which had a reasonable amount of growth and much is jobless growth. do you have any views why the uk has managed to create jobs and america hasn't? >> last week about the uk, we're becoming a more competitive economy. we've aggressively cut the business tax rates and moving up the rank of competitive economies in the world. i think the challenges in britain america are pretty similar. we face the same issues with a competitive ship to economic power to china and the like. we have to educate our children better. we're doing the things. i think the issues we take on entitlement reform and education reform, these are the things that the u.s. congress and administration have to tackle in the next year on or so. >> what about europe? will the euro zone up stick together and will the uk start part of the union? david cameron said in the last couple of days there may need fob a referendum on that. >> the euro zone will stick together. they made
versus the uk today. although the uk has not had growth, it has created jobs. in many ways that's a mirror image of the u.s., which had a reasonable amount of growth and much is jobless growth. do you have any views why the uk has managed to create jobs and america hasn't? >> last week about the uk, we're becoming a more competitive economy. we've aggressively cut the business tax rates and moving up the rank of competitive economies in the world. i think the challenges in britain america...
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Dec 4, 2012
12/12
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this is one of the best hospitals in the uk. i have to say there's been a huge media presence here today, more are coming in all the time from all parts of the world. i can tell you that the "daily mail" newspapers, one of the main selling newspapers in this country, is dedicating 14 pages to this in the morning so they are going very, very big on this indeed. it's a big story for the uk and the commonwealth. >> and the world. big story just beginning. max foster, thanks so much. that does it for this edition of "360." see you again one hour from now at 10:00 p.m. eastern. thanks for watching. "piers morgan tonight" starts now. >>> tonight, tragedy in kansas city. >> how many shots? >> a football star's shocking murder-suicide. two more victims of gun violence. now the great debate rages again. is it time for america to put down its guns? both sides go head-to-head. >>> also, one of the biggest names in the history of the game speaks out. hall of fame quarterback joe namath joins me exclusively. >>> plus, a man that many say is
this is one of the best hospitals in the uk. i have to say there's been a huge media presence here today, more are coming in all the time from all parts of the world. i can tell you that the "daily mail" newspapers, one of the main selling newspapers in this country, is dedicating 14 pages to this in the morning so they are going very, very big on this indeed. it's a big story for the uk and the commonwealth. >> and the world. big story just beginning. max foster, thanks so...
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Dec 27, 2012
12/12
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changers, that is one that has been flooded and it has worked extremely well and australia and the uk. the political aspect would be huge. >> low-income students are risk averse. they do not have secret bank accounts where they can address the situation. and if they fail, the burdens of being on them. they are less likely to pursue a college education if it means earning more than their parents do in a year. we expect pell grant recipients to graduate with more debt than middle and upper income students. they are anywhere from 150% more likely to graduate. we are burdening those the least capable of the most that. the problem is that they are going to impact access. >> the point before you go on, a lot of that is about communicating to families what this means. it is far from perfect, but they are borrowing well beyond their families capability, baking on the fact that they will be able to. i don't disagree that there isn't a perfect model, but i think it has huge potential. >> i want to move on to questions from the audience because i want to get in as many as possible. i think what
changers, that is one that has been flooded and it has worked extremely well and australia and the uk. the political aspect would be huge. >> low-income students are risk averse. they do not have secret bank accounts where they can address the situation. and if they fail, the burdens of being on them. they are less likely to pursue a college education if it means earning more than their parents do in a year. we expect pell grant recipients to graduate with more debt than middle and upper...
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Dec 22, 2012
12/12
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uk and others are baffled by nra insistence guns are good. you've lost your tag land of the free. and tammie says i thought about this the other day. if you know i'm armed you are less likely to attack me. and willie it's crazy how does it look to our kids? guns in school is demoralizing and weak. >>> people from across the globe, reaching out to those in newtown, offering prayers and support. cnn's lisa sylvester has a look. >> it's a perfect b. >> reporter: 4-year-old katelyn takes her time. she is writing a letter. >> dear parents, i know that you are upset. >> reporter: a letter to the parents of the children killed in the newtown shooting. she and her mother live in maryland. they have never been to newtown. in fact, they've never been to the state of connecticut. but they wanted to show the town that they care. >> we're writing letters just to let them know that our hearts are with them, they're in our prayers. >> because i want to make them cheer up. >> right away, we started seeing mail volume coming in. it began with a few hundred. now it's thousands per day we're receivi
uk and others are baffled by nra insistence guns are good. you've lost your tag land of the free. and tammie says i thought about this the other day. if you know i'm armed you are less likely to attack me. and willie it's crazy how does it look to our kids? guns in school is demoralizing and weak. >>> people from across the globe, reaching out to those in newtown, offering prayers and support. cnn's lisa sylvester has a look. >> it's a perfect b. >> reporter: 4-year-old...
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Dec 28, 2012
12/12
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guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to the other and it's not clear as a result of all that whether a deal can, in fact, get hammered out in the remaining time before new year's eve and take a listen to senate republican leader mitch mcconnell earlier today explaining the problems he's facing in washington. take a listen. >> the truth is we're coming up against a hard deadline here and as i said, this is a conversation we should have had months ag
guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not...
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Dec 14, 2012
12/12
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as you can see there, the uk gilt is telling offer a little bit. yield riding to 1.78%. whether it's the bund or even yields in spain are falling as prices rise a little bit. so there is light at the end of the tunnel according to our next guest. he says the global economy is close to reaching its weakest point before recovery sets in. he's robert cohen, chief equity strategist. woke. >> good morning. >> we just heard rob doddson talking through some of these results. unfortunately, we saw some signs of weaker demand, especially global demand in these reports. but perhaps what is consistent with what you're saying, why is it your view that that is going to happen? >> sometimes you need to pull away. you move away from the fundamentals a little bit on the month to month improvements. if you look at 2013 as a whole, the big headwinds you've had in a number of years, fiscal austerity is largely the sarp in europe year on year. 2014, that comes up quite quickly. 2013 is largely going to be the final year of the crushing deleveraging if you like on the european banks. so esse
as you can see there, the uk gilt is telling offer a little bit. yield riding to 1.78%. whether it's the bund or even yields in spain are falling as prices rise a little bit. so there is light at the end of the tunnel according to our next guest. he says the global economy is close to reaching its weakest point before recovery sets in. he's robert cohen, chief equity strategist. woke. >> good morning. >> we just heard rob doddson talking through some of these results. unfortunately,...
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Dec 16, 2012
12/12
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. >> you mentioned the soccer players in the uk and we're getting response from the uk and all over the world. if there is one thing aside from political disagreements that the world can agree on is the innocence of our children, specifically, from david cameron, the british prime minister, you know, back in 1996, they suffered through a school shooting. his stamentd from ten downing. my thoughts are with the injured and those who have lost loved ones. it is heartbreaking to think of those who have had their children robbed from them at such a young age when they had so much life ahead of them. as we mentied that shooting in '96 and also in '96 a shooting in tasmania that ended with five people being killed. that statement after that we received from prime minister julie gillard. >> it is almost beyond comprehension, but that is what we have seen today. heartfelt sympathies go to those families who have lost a child. to those families who have lost a loved one. to those families who are now trying to counsel their young children that has been witness to such shocking scenes and so distr
. >> you mentioned the soccer players in the uk and we're getting response from the uk and all over the world. if there is one thing aside from political disagreements that the world can agree on is the innocence of our children, specifically, from david cameron, the british prime minister, you know, back in 1996, they suffered through a school shooting. his stamentd from ten downing. my thoughts are with the injured and those who have lost loved ones. it is heartbreaking to think of...
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Dec 8, 2012
12/12
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FOXNEWSW
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there are 1.2 murders per 100,000 people in the uk. and 4.4 murders per 100,000 people in the uk. you know why? gay marriage. >> that is something to think about. >> check the demographics. it is not as easy as you think. >> some has to do with divorce. >> if you compare the white population we have a lower crime rate than belgium. >> who goes to belgium? i think the lesson here is -- >> more guns less crime. >> more guns less crime. and they should be scared. i have some research here -- no i don't. no, no, no. in florida, blah, blah, blah, blah, blah, more people, blah, blah, blah, blah, guns save lives. >> because if the stats don't include the time you have a gun and it goes, you better get away from me, that doesn't make it click. >> you know what makes republicans more angry than democrats coming to get the guns? >> what? >> them not caring. most don'ts. obama is not coming for your gun. >> bob is not an elected official. >> yes he is. >> by the half hour point hoe -- he is not even awake. he gets his sugar high and he is done by the half hour. >> that's the most appalling t
there are 1.2 murders per 100,000 people in the uk. and 4.4 murders per 100,000 people in the uk. you know why? gay marriage. >> that is something to think about. >> check the demographics. it is not as easy as you think. >> some has to do with divorce. >> if you compare the white population we have a lower crime rate than belgium. >> who goes to belgium? i think the lesson here is -- >> more guns less crime. >> more guns less crime. and they should be...
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Dec 31, 2012
12/12
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the market prices that you have, you're looking at a situation where governments, just like in the uk, have to come one a support mechanism to make that economically viable. so i think that's going to be the saying across the world. that is quite expensive here in europe. i don't necessarily see europe as a whole changing its mind and going from nuclear. if you take germany, for example, why did they change their mind? obviously, there were safety concerns but probably more importantly, it was to do with the ballot box. there was quite a bit of opposition, people out on the streets protesting and in the end of the days, the politicians decided to take what i considered to be a political course rather than an economic one. >> i don't think we would describe it as positively rosy just yet. we're saying that the storm clouds are listing. but as you're hinting, there are big question marks about growth in 2013, particularly in the euro area where we're not expecting very much more than a flat economy at best. key thing for the investment markets, as you know, is that gdp growth is only a
the market prices that you have, you're looking at a situation where governments, just like in the uk, have to come one a support mechanism to make that economically viable. so i think that's going to be the saying across the world. that is quite expensive here in europe. i don't necessarily see europe as a whole changing its mind and going from nuclear. if you take germany, for example, why did they change their mind? obviously, there were safety concerns but probably more importantly, it was...
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Dec 21, 2012
12/12
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LINKTV
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as for the west, we are seeing that rain pushed in across the uk, down into much of france. flooding is likely. it should be fine across much of the iberian peninsula, 15 degrees expected in madrid. further east, this extends through north africa, so for both tripoli and benghazi, it will be cloudy, the chance of some showers. 19 degrees in cairo as a maximum. along the coast, for the west, whitely dryer -- likely dryer. solutions for america, friday, 7:00 p.m. eastern, 4:00 p.m. pacific. >> hello again. top stories on al jazeera, at least 30 people have been killed in southeastern kenya. the deaths in the delta region have been blamed on fighting between the orma and pokomo tribes. the first round of the draft for the egyptian constitution is planned for friday. u.s. president barack obama says he will work with congress to avert spending cuts and tax hikes in the new year. where republicans budget bill to avert the -- a republican budget bill to avert hit the fiscal cliff was killed in the house. 20 people have been killed in flash floods and landslides in sri lanka. 14 pe
as for the west, we are seeing that rain pushed in across the uk, down into much of france. flooding is likely. it should be fine across much of the iberian peninsula, 15 degrees expected in madrid. further east, this extends through north africa, so for both tripoli and benghazi, it will be cloudy, the chance of some showers. 19 degrees in cairo as a maximum. along the coast, for the west, whitely dryer -- likely dryer. solutions for america, friday, 7:00 p.m. eastern, 4:00 p.m. pacific....
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Dec 22, 2012
12/12
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. >> what would happen at 11:11 this morning uk time when the cycle was due to end? with the world and as well? no was the answer. live television coverage of the mayan heartland in mexico continued uninterrupted except for a poorly timed phone call. if they were disappointed by the anticlimax in this french town, it did not show. the local mountain was supposed to be a safe haven as the world ended with aliens poised to with the believers to safety. the aliens never turned up -- at least not the real ones. >> it is not the end of the world, but that does bring to this program to a close. for the next week and a half, you will continue to get all the day's news from our colleagues in london, and we will be back on january 2. until then, have a wonderful holiday season. we will see you in 2013. >> make sense of international news. bbc.com/news. >> funding for this presentation is made possible by -- the freeman foundation of new york, stowe, vermont, and honolulu newman's own foundation and union bank. >> at union bank, our relationship managers work hard to understan
. >> what would happen at 11:11 this morning uk time when the cycle was due to end? with the world and as well? no was the answer. live television coverage of the mayan heartland in mexico continued uninterrupted except for a poorly timed phone call. if they were disappointed by the anticlimax in this french town, it did not show. the local mountain was supposed to be a safe haven as the world ended with aliens poised to with the believers to safety. the aliens never turned up -- at least...
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Dec 25, 2012
12/12
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we have a dog house uk. do people use flowers to make a statement? >> during the last few years, the top recessionary times, we saw a number of transactions with the average ticket was down. and our food businesses held up even better. a box of chocolates might be a little bit less ephemeral than a bouquet of flowers. birthdays are still gog to come around. all of those celebratory occasions are going to come around they need to participate in we had a ne little service that will help others. neil: who better than the guy wh plays cliff on how jobs are falling off a cliff. john mica murder on layouts that are way out of the norm. and while he says his fix is better than washington's. better than washington's. bar none. ♪ music kids will spend 15 minutes watching online videos like this one. brushing for two minutes now, can save your child from severe tooth pain later. two minutes twice a day. they have the time. neil: clip is going postal. a famous actor who played clip on the hit tv show cheers, with millions of workers struggling to find work, h
we have a dog house uk. do people use flowers to make a statement? >> during the last few years, the top recessionary times, we saw a number of transactions with the average ticket was down. and our food businesses held up even better. a box of chocolates might be a little bit less ephemeral than a bouquet of flowers. birthdays are still gog to come around. all of those celebratory occasions are going to come around they need to participate in we had a ne little service that will help...
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Dec 11, 2012
12/12
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CNBC
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and uk for business travelers represents $2 billion in revenues. massive. >> when you look at star, skyteam, what delta is part of, versus oneworld, they are all joking to increase their market share. no word on whether this will be the case with virgin atlantic joining skyteam. don't be surprised if that ultimately happens. take a look at shares of delta enjoying a nice day today. you mentioned airline index, yes, it is trading at a one-year high. a heck of a chart up 20%. not just on the delta news but increased speculation that the usair a mulmr merger will happe the future. there's been some developments over the last few days. that's why you see the airline stocks bidding higher. >> one thing about this deal, you talk about a $360 million deal. a week ago people were talking about or last week talking about $1 billion plus. what's the difference between -- that is a huge difference between the ultimate deal? >> very huge difference. i think ultimately you look at singapore airlines, it needed to get out of this arrangement. it was not making m
and uk for business travelers represents $2 billion in revenues. massive. >> when you look at star, skyteam, what delta is part of, versus oneworld, they are all joking to increase their market share. no word on whether this will be the case with virgin atlantic joining skyteam. don't be surprised if that ultimately happens. take a look at shares of delta enjoying a nice day today. you mentioned airline index, yes, it is trading at a one-year high. a heck of a chart up 20%. not just on...
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Dec 6, 2012
12/12
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KPIX
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so i think everybody in the uk will be very excited. >> reporter: kate is going to take it easy here at the couple's london home kensington palace. the duchess has canceled all her public events for the weekend. >> really excited about it. >> reporter: prince charles the soon-to-be grandfather said he is thrilled will and kate are having a baby [ indiscernible ] grandfather at my old age, so that's splendid. i'm very glad my daughter-in- law is getting better thank goodness. >> reporter: medical experts say kate's condition which causes vomiting and dehydration sometimes lasts the entire pregnancy. the duchess has at least 6 months to go before the royal baby is born. monica see villamizar, cbs news, london. >> maybe we can talk you into doing the weather it a british accent. >> no, you may not. [ laughter ] >> folks, around the bay area today finally catching a break in the stormy weather outside we have had plenty of clouds but that's even starting to break up a little bit over the bay right now. the temperatures running into the 50s and some low 60s at the moment. but i think as w
so i think everybody in the uk will be very excited. >> reporter: kate is going to take it easy here at the couple's london home kensington palace. the duchess has canceled all her public events for the weekend. >> really excited about it. >> reporter: prince charles the soon-to-be grandfather said he is thrilled will and kate are having a baby [ indiscernible ] grandfather at my old age, so that's splendid. i'm very glad my daughter-in- law is getting better thank goodness....
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Dec 6, 2012
12/12
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CSPAN2
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and increasing the funding for the uk by over 25% a year. so they can help more firms build the capacity of overseas british chambers and maintain our country's position as the number one destination in europe for foreign investment. we are launching a new 1.5 billion pounds export finance facility to support the purchase of british export. [cheers] third, we are addressing the credit problems of companies we are providing it with 1 billion pounds of extra capital which will leave her either planning to help small firms and bring together existing ones. fourth, we are going to cut business taxes go further. let me tell you how. the temporary doubling of the small business rate relief scheme helps the small firms were 350,000 firms paying pay no right at all. the last government, we will end it in 2011, we have already extended its next april. and i extended by a further year to april 2014. we also confirmed the tax relief for our employees and shareholders. the energy bills provide renewable energy and we publish our gas strategy today to ma
and increasing the funding for the uk by over 25% a year. so they can help more firms build the capacity of overseas british chambers and maintain our country's position as the number one destination in europe for foreign investment. we are launching a new 1.5 billion pounds export finance facility to support the purchase of british export. [cheers] third, we are addressing the credit problems of companies we are providing it with 1 billion pounds of extra capital which will leave her either...
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Dec 11, 2012
12/12
by
CNBC
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delta, more business over to the uk, lucrative business. we'll talk to the ceo of delta in a few minutes. rick santelli tracking the action at the c mulch e. what was it like today? >> it wasn't bad. we're going to give this auction a hook, an absolutely dead smack in the middle of the curve c. there's some strange inputs in this auction. $32 million yields a .327, which is exactly in the middle bitten off on wi. so pricing is fine. if you look at internals, a bid to cover -- to find a lower bid to cover they have to go back to february. if you look at direct bidding at 24.8, that is a record. that's almost twice 13%. if you look at indirect bids it's almost exactly the opposite. 22.9 well below 32% auction average and lowest since may of '07. we walk away thinking not so great. now that yield i mentioned, .327 is a record all-time low yield for the threes. after i sypher all that we come up with an average and look forward to $21 billion, ten years, early auction because of the fed decision. back to you, tyler. >> rick, thank you very much
delta, more business over to the uk, lucrative business. we'll talk to the ceo of delta in a few minutes. rick santelli tracking the action at the c mulch e. what was it like today? >> it wasn't bad. we're going to give this auction a hook, an absolutely dead smack in the middle of the curve c. there's some strange inputs in this auction. $32 million yields a .327, which is exactly in the middle bitten off on wi. so pricing is fine. if you look at internals, a bid to cover -- to find a...
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Dec 4, 2012
12/12
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MSNBCW
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the president is considering anna wintor, the editor in chief to "vogue" to be the ambassador to the uk or france. she was the biggest bundlers raising more than $500,000 for the obama campaign. >>> that's now your top news. you know what? >> i'm trying to breathe in and absorb the last story. all right. there is a new voice joining the immigration debate with hispanic voters overwhelmingly siding with president obama for the second straight election. the trio of latino mega donors including eva longoria are launching a new group aimed at mobilizing that energy and enthusiasm. the primary focus is to grow a strong social media presence and help the white house in passing comprehensive immigration reform. they see this has a chance to work with republicans who may be wobbling after losing a second straight presidential loss. >>> the secretary of state is denying she is running for president for 2016 insisting she just needs time off. michael bloomberg has another idea. according to "the new york times," blook called clinton to encourage her to run for mayor in 2013. the call reportedly t
the president is considering anna wintor, the editor in chief to "vogue" to be the ambassador to the uk or france. she was the biggest bundlers raising more than $500,000 for the obama campaign. >>> that's now your top news. you know what? >> i'm trying to breathe in and absorb the last story. all right. there is a new voice joining the immigration debate with hispanic voters overwhelmingly siding with president obama for the second straight election. the trio of latino...
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reports from the capital and whether the bright lights are leaving too many citizens in the uk it is. one of the most beautiful cities in the world but the french live. this city. as one of the most important events. this year in central paris alone the famous chancellor installing christmas lights wasn't cheap at christmas elimination because they're on a one million euros it shop on the shelves that he is contributing to the christmas lighting depending on the number of trees they have in front of their of their shop eighty percent money money from the shops of the shows an easy. twenty percent this money city hall but the budget has gone up by a third across the whole country in a year where the average person has struggled financially the authorities say they're splashing out the extra millions to help people forget how little they have . but there is crisis there is financial difficulty people have less money to spend so we have to create a festive atmosphere to give them back the will to buy and celebrate it's clear that you're in crises in developed countries people tend to eco
reports from the capital and whether the bright lights are leaving too many citizens in the uk it is. one of the most beautiful cities in the world but the french live. this city. as one of the most important events. this year in central paris alone the famous chancellor installing christmas lights wasn't cheap at christmas elimination because they're on a one million euros it shop on the shelves that he is contributing to the christmas lighting depending on the number of trees they have in...